Me, it was a real pandemic overlay. This is serious stuff. You can bring it right over to the urgency in washington on the stimulus, where yesterday, just as everyone pretty, there was a panic, and maybe they jumpstarted those talks. Francine yes. Just so you know, the subscription model is actually that you buy for disney , and you dont have to buy each time. We will have the experts on that. Lebanon was, already on its knees. This will just push it further into difficult territory. Lets get straight to the bloomberg first word news in new york city. Heres ritika gupta. Ritika the pictures are incredibly intense. That explosion at a warehouse in beirut was felt miles away, and field hospitals with casualties. Reports are at least 100 were killed and some 4000 injured. Almosts government says 3000 tons of Ammonium Nitrate was stored in the building, but they are not saying whether the blast was caused by an accident or an attack. The white house and democrats are trying to strike a dea
Surveillance. I am Francine Lacqua here in london. Looking some at oil, the oil recovery is at risk because of a resurgence of covid19. That is having not a direct impact for the moment. We did see a bit of downward pressure. The u. S. 10year yield pretty much unchanged. Eurodollar a good one to look at, because we saw a bit of data with the european economies. You can see the euro stoxx 600 actually trading sideways, but we did tr see the chinese trying to do their bed. Bit. Thelets get straight to bloomberg first word news in london with leighann gerrans. Hi, leighann. Leighann good morning, francine. The finance minister, Paschal Donohoe, won the ballot. Recoveryhe spanish minister. Action. Is having against fran in the long france in a longrunning feud over tech. Ballpark ofn the 500 million to 700 million in goods. The items targeted would include , andh wines, teas handbags. Poland, president andrzej duda says he will never allow compensation for jewish property lost in world war
Germanys business conference figures that is a test below figures. Figures. H low a lot of numbers out there. The ecb is what people really want to know about. The treasuries edging higher. A surprise in ecb policy that will play out on eurodollar. Currently at 1. 1126. And the weakness of that economy. This ahead of later mario draghi. We will be seeing that press conference. Lets get to bloomberg first word news with viviana hurtado. Viviana Boris Johnson clearing out more than half of theresa mays top team. A stream ofidating brexit enthusiasts into his cabinet. Becomes l counselpecial u. S. Robert mueller largely disappointed democrats with his testimony yesterday. Some wanted him to read aloud potentially damaging parts that he declined. Trump. Resident Donald Mueller didnt offer any clues. Bernie made off asking trump to shorten his 150 year prison sentence. The 81yearold is hoping to finish his fight and freedom. Made off was jailed for running the biggest ponzi scheme in histor
European equities. , bit of a down day to end though it does not seen anybody is taking a huge position ahead of that jobs data. We have stock and bond markets close in the u. S. Yesterday as treasuries get going again. ,e saw a bit of a basis Point Holding at 1. 95 on the 10 year yield. Bund yields are just above that level. The euro is weaker am a down. 2 , 1. 1265 f disappointing german factory data. Coming up, we speak to larry kudlow. Lets get bloomberg first word news. Thousands packing the National Mall to watch president Donald Trumps fourth of july speech. He praised the u. S. Military and American People, but also put himself front and center of the Independence Day celebration. The event included tanks, flyover jets, and culminated in an extended fireworks display. President trump we celebrate our history, our people, and the heroes that proudly defend our flag, the brave men and women of the United States military. Together, we are part of one of the greatest stories ever t